Buying a house or duplex to rent isn't at all like investing in stocks or mutual funds. This is hands-on work that starts with finding a property capable of generating enough rental income to make the transaction pay off. See if the numbers work. This tool will help you project...
If you've suffered the results of a theft, accident, fire, flood, or some other casualty during the year, you may be able to deduct some of your unreimbursed losses. Casualty losses are treated somewhat differently depending on whether the loss occurred to property used in your trade or business, property...
There's nothing like a short jaunt to the beach or mountains to release stress, get one's first seasonal sunburn and start thinking about buying a piece of vacation rental property. Vacation properties can be a great way to buy a house now for the future retirement or actual vacationing at...
While traditional loan underwriting seeks to minimize risk by ensuring that the loan amount can be easily recovered, securitized lenders focus on managing risk by maintaining the cash flow of the property and by isolating the collateral property so that it can be easily transferred to the lender in the...
The paper finds that renting a property produces a significant reduction in the home seller's wealth position. The primary reason for this result lies in the substantial reduction in the selling price when rented versus vacant. Rental revenues are insufficient to ameliorate the effect of renting on the ultimate price....
This report introduces a new 'contaminated land' regime, imposing 'strict liability' and raising issues for everyone involved in leasing and managing industrial properties, having potentially adverse effects on both income and value. It provides guidance on the valuation of properties affected by contamination (RICS, 1995), as well as the role...
Insurance experts refer out some of the key mistakes that small business CEOs make--and the things that all business owners should be aware of when it comes to insuring their company. In this article there is a list of 12 things to keep in mind. First is, do your homework--before...
When dealing with pre-fore closures it’s always best to get the property under contract and just wave bye-bye to the departing defaulting party. Many would consider it unwise to become embroiled with the mess that too often arises later on down the line. After assessing the viability of the transaction...
The "due-on-sale" clause is probably the most talked about, feared and misunderstood topic in real estate. This article will dispel any misunderstandings one may has about the due-on-sale and suggests a simple, yet effective strategy to get around it. It discusses that the due-on-sale is a provision in a mortgage...
In our daily life, we generally expect the transport system to be efficient, safe, and reliable. However, there exist several sources of uncertainties in the transportation system both on demand and supply sides. With a constant growth in economic activities most urban transport networks currently operate at...
Optimal toll design from a network reliability point of view is addressed in this paper. Improving network reliability is proposed as a policy objective of road pricing. A reliability-based optimal toll design model, where on the upper level network performance including travel time reliability is optimized, while...
- Kusumi to build on company's strong market position as preferred total account writer for growing independent agents - WORCESTER, Mass., Aug. 15 /PRNewswire-FirstCall/ -- The Hanover Insurance Group, Inc. , a leading super regional property and casualty insurance company, announced today that Gary Y. Kusumi has...
* Reported a 6.7% increase to our funds from operations ("FFO") to approximately $3.4 million for the second quarter ended June 30, 2008, from the same period last year. * Reported a 12.4% increase to our FFO to approximately $6.8 million for the six months ended June 30,...
Quarterly Net Revenue Increases 81.4% and Reaches $1.11 Billion Consolidated Adjusted Property EBITDAR Increases 44.1% to $287.9 Million The Venetian Macao Adjusted Property EBITDAR Reaches $140.2 Million LAS VEGAS, July 30 /PRNewswire-FirstCall/ -- Las Vegas Sands Corp. , today reported financial results for...
NEW YORK -- Genpact (NYSE:G), which manages business processes for companies around the world, today announced that it has signed a five-year contract to provide finance and accounting services to Hyatt Shared Service Center, LLC. The decision to re-engineer and globalize these services is part of Hyatt's global competitive improvement...
TORONTO, July 29 /PRNewswire-FirstCall/ -- NWT Uranium Corp. (TSX-V: NWT; OTCBB: NWURF) is pleased to announce the appointment of Raphael Danon as Chief Financial Officer of the company, subject to TSX Venture Exchange approval. Mr. Danon is an experienced management and accounting professional who has provided financial...
ITASCA, Ill., July 23 /PRNewswire-FirstCall/ -- Arthur J. Gallagher & Co. today announced the acquisition of Gale Smith & Company, Inc. of Brentwood, Tennessee. Terms of the transaction were not disclosed. Established in 1868, Gale Smith & Company is a retail insurance broker offering risk management,...
GFI Management Services, owner/ manager of approximately 100 multifamily properties consisting of over 20,000 units nationwide, announced that Frederick K. Mehlman will be joining the company as chief executive officer. Mehlman will be responsible for the company's operations, asset management and accounting functions. The appointment came...
MIPS OKs 22 research projects The Maryland Industrial Partnerships program announced the approval of 22 research projects partnering Maryland companies with university researchers to develop high-tech products. Worth $3.6 million, the projects combine $1.8 million from participating companies and $1.8 million from MIPS,...